Trump Calls Powell a “Fool” in Blistering Inflation Rant

In a characteristically brash post on Truth Social, former President Donald J. Trump unleashed a sharp rebuke against Federal Reserve Chair Jerome Powell, branding him a "FOOL" and accusing him of being consistently behind the curve on economic decisions.
Trump mockingly referred to Powell as “Too Late” — a nickname suggesting the Fed’s delayed response to economic challenges.
Despite the personal jab, Trump softened the blow with a backhanded compliment: “Other than that, I like him very much!” Yet the message’s core was clear — Trump believes Powell has mishandled inflation and misrepresented the current state of the U.S. economy.
According to Trump, inflation is no longer the crisis it was once made out to be. He claimed that oil and energy prices are significantly down, everyday goods like groceries and eggs have become more affordable, and that “virtually NO INFLATION” remains. Trump also emphasized that tariff revenues are pouring into the U.S. economy, which he argues directly contradicts Powell’s cautious economic tone.
Framing his post as a direct rebuttal to Powell’s perceived pessimism, Trump declared the situation is “THE EXACT OPPOSITE OF ‘TOO LATE!’” and ended the message with a pointed “ENJOY!”
The post signals Trump’s continued interest in shaping the economic narrative — especially as speculation builds around his role in the upcoming election cycle and future policy influence.